-News18.com The Dalit entrepreneurs said that it was not the right time to define creamy layer. We are still viewed to be good plumbers, electricians, contractors. Not owners of a 500-crore company, said a Dalit businessman. New Delhi: When Nidhish Anand, a Dalit jeweller in Delhi, was about to enter a partnership with a Brahmin businessman, Anjani Kumar Pathak, a disclosure preceded the terms of agreement. “But I am a Dalit,” Anand...
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RBI data counters RBI claim: Credit to small firms shrinks -Sandeep Singh
-The Indian Express On October 30, at the meeting of the Financial Stability and Development Council chaired by Jaitley and attended by Urjit Patel among others, the central bank is learnt to have downplayed the issue of liquidity crunch. While the Reserve Bank of India said two weeks ago that there is no sign of a liquidity crunch, its own latest data shows that banks’ credit outstanding to the Micro, Small and...
More »More firms battling squeeze in profit margins, finds IIM-A survey
-The Hindu Business Line BIES for Sept 2018 points at more proportion of companies facing ‘much less than normal profits’ Ahmedabad: The Manufacturing sector seems to be going through a troubled time as more companies have indicated a ‘much less than normal’ profit margin, according to a survey by the Indian Institute of Management, Ahmedabad (IIM-A). The latest Business Inflation Expectations Survey (BIES) for the month of September 2018, revealed that 45 per...
More »IIT-Delhi kids help last rites go green with cow dung logs -Mohammad Ibrar
-The Times of India NEW DELHI: A team of 40 IIT Delhi students has devised a way to fight air pollution - by replacing wood with cow dung "logs" during funerals. The "environment-friendly technique" also seeks to reduce deforestation by cutting down dependence on wood. "Arth, an initiative by Enactus IIT-D, targets replacing wood as a fuel at Delhi's crematoriums," said Faraz Mazhar, a member of the group. According to his teammate, Shalaka...
More »Global Index reveals governments split between fighting and fueling inequality
-Press Release by Oxfam India dated 9 October 2018 Nigeria, Singapore, India and Argentina are among a group of governments that are fueling inequality, according to a newly released edition of the Commitment to Reducing Inequality Index developed by Oxfam and Development Finance International. The Index ranks 157 countries on their policies on social spending, tax, and labor rights - three areas the organizations say are critical to reducing inequality. It...
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